Head to head

SmarDex vs Stargate Finance: which is halal?

Side-by-side Shariah screening of SmarDex (SDEX) and Stargate Finance (STG) under the same 27-point methodology. Both currently carry a MASHBOOH verdict.

SmarDex SDEX
Mashbooh · Doubtful · Risky
58

Is SmarDex (SDEX) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is SmarDex halal? SmarDex is classified as doubtful (mashbooh) with a Shariah compliance score of…

Full SmarDex report →
Stargate Finance STG
Mashbooh · Doubtful · Risky
65.2

Is Stargate Finance (STG) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Stargate Finance halal? Stargate Finance is classified as doubtful (mashbooh) with a Shariah…

Full Stargate Finance report →
Score comparison
LegitimacyProjectFinancialTokenomicsStaking
SDEXSTG
Legitimacy
63.8
63.3
Project
63.2
70.7
Financial
40
53.8
Tokenomics
57
66.4
Staking
52
59.6

SDEX STG — higher is better. Scores from the 27-point Shariah screening methodology.

Islamic principles
60.772.7
Riba
52.158.3
Gharar
61.463.2
Maysir

SDEX STG

Quick answer
SmarDex

SmarDex is classified as doubtful (mashbooh) with a Shariah compliance score of 58/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.

Shariah does not require a currency to have intrinsic value; what matters is social acceptance.

Ziyaad Mahomed, Shariah Committee Chairman, HSBC Amanah Malaysia Bhd
Stargate Finance

Stargate Finance is classified as doubtful (mashbooh) with a Shariah compliance score of 65.2/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.

While blockchain promotes transparency, adoption will lead to cryptocurrencies that enhance anonymity... undermining benefits.

IJFMR